2013 NGN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NGN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 10.9040. Conversely, the yearly low was recorded on February 25, dropping to 8.6947.
This high-to-low spread represents a total annual volatility of 2.2094 MNT. From a start-to-finish perspective, comparing the January average rate of 8.8313 to the December average rate of 10.4752, the exchange rate registered a net change of 18.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 10.9040 was up 21.71% compared to the 2012 peak of 8.9592, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
NGN to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.8778, compared to 10.1025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2247 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was December, with a trading range of 0.8336 MNT (High: 10.9040 / Low: 10.0704). On the other end, May was the most stable month, with a tight range of 0.1102 MNT (High: 9.0798 / Low: 8.9696).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2663 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2013: 10.4752) against the same month in 2012 (average: 8.8566), the exchange rate shifted by +1.6187 (+18.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.9239 | 8.7392 | 8.8313 |
| February | 8.8484 | 8.6947 | 8.8059 |
| March | 8.8649 | 8.7269 | 8.8051 |
| April | 8.9469 | 8.7954 | 8.8747 |
| May | 9.0798 | 8.9696 | 9.0322 |
| June | 9.0851 | 8.7590 | 8.9176 |
| July | 9.2704 | 8.8785 | 9.0585 |
| August | 9.9680 | 9.3059 | 9.6621 |
| September | 10.4463 | 9.9436 | 10.2077 |
| October | 10.6664 | 10.1864 | 10.4701 |
| November | 10.9036 | 10.6315 | 10.7415 |
| December | 10.9040 | 10.0704 | 10.4752 |